Department seeks funds for Da Lat railway
The Viet Nam Railway Department has drafted plans to lease out infrastructure in the Da Lat-Trai Mat rail section to mobilise private investment for developing railway infrastructure.
Tortuously slow procedures delay HCMC metro
Time-consuming and elaborate procedures are the main causes for the delays in building metro lines in HCM City, a meeting on urban railway projects heard at the city People's Committee office early this month.
Real estate gains from stock market doubts
Tran Thanh Vu, general director of a construction and building materials trading company that is listed in HCM City, recently decided to sell some of his stock holding in his company when its share appreciated by more than 400 per cent.
HCM City relents: Ads on buses to bring $7.6m a year
The approval granted recently by the HCM City People's Committee to carry advertisement hoardings on buses is expected to bring in hundreds of billions of dong to the city's coffers.
Government sell-off sends shares buzzing
On October 20 dairy producer Vinamilk (VNM)'s shares rose for a third straight day after the company said that the Government would sell its controlling stake to foreign investors.
Hotel surplus threatens Da Nang
Da Nang city authorities warn of a ho-tel construction boom that could lead to a glut in rooms, saying the rapid development of many small hotels could affect the tourism industry and cause an infrastructure overload that could affect people's living standards.
Trade boost to offset Government revenue drop
In the final round of negotiations in Atlanta, the US, which began on September 30 and ended on October 5, twelve Pacific-rim countries reached a deal on the Trans-Pacific Partnership, creating the world's largest free trade area.
HCM City cracks down on delays
The recent decision by HCM City authorities to revoke 298 development projects, mainly public works, reveals a determination to take stronger measures against delays.
Bank credit floods back into housing market
According to the State Bank of Viet Nam, in the first eight months of the year banking credit grew at 10.23 per cent compared to 4.33 per cent a year earlier. It is expected to grow at 15-17 per cent this year.
After $2b investment, Vung Tau ports operating at low capacity
Seven deep-water seaports have been built by the Cai Mep – Thi Vai Port Group in the southern province of Ba Ria – Vung Tau in the past few years at a total cost of VND40 trillion (nearly US$1.8 billion).
In the last two weeks the dong-dollar exchange rate has stabilised after a brief frisson caused by the State Bank of Viet Nam (SBV)'s decision to depreciate the currency after China did so.


Environmental issues hinder new rural areas Environmental issues hinder new rural areas

In the five years since the Government put in place Decision No 49/QD-TTg on 19 criteria for new-style rural areas for the 2010-20 period, the majority of communes across the nation fail to meet the 17th criterion on environment. Both local and central authorities find it difficult to fill all five norms, as set down.

Baby vaccinations remain a cause for concern Baby vaccinations remain a cause for concern

Parents are concerned about post-vaccine reactions after the recent death of babies after receiving Quinvaxem vaccine, although the Health Ministry has repeatedly confirmed the safety of the vaccine.

Photos strengthen confidence of Mong girls Photos strengthen confidence of Mong girls

Wearing her most beautiful dress, Vu Thi Vu smiles broadly as she shows to her friends one of her photos which are on display at the Can Chu Phin secondary school in Meo Vac district of northernmost Ha Giang Province.

Lack of fire safety a risk in high-rises Lack of fire safety a risk in high-rises

Negligence and ignorance of fire safety regulations by both investors and residents at high-rise buildings have again come to the fore following the latest blaze in Ha Noi.